Dear all,  

Please join us for the Applied Statistics Workshop (Gov 3009) this Wednesday, October 3 from 12.00 - 1.30 pm in CGIS Knafel Room 354. Maximilian Kasy, Assistant Professor of Economics from the Department of Economics at Harvard University, will give a presentation entitled "Identification in General Triangular Systems". As always, a light lunch will be provided.

Abstract:  

This paper discusses identification in continuous triangular systems without restrictions on heterogeneity or functional form. In particular, we do not assume separability of structural functions, restrictions on the dimensionality of unobservables, or monotonicity in unobservables. We do maintain monotonicity of the first stage relationship in the instrument. We show that under this condition alone, and given rich enough support of the data, we can achieve point identification of potential outcome distributions, and in particular of the average structural function. If the support of the continuous instrument is not large enough potential outcome distributions are partially identified. If the instrument is discrete identification fails completely. The setup discussed in this paper covers important cases not covered by existing approaches such as conditional moment restrictions (c.f. Newey and Powell, 2003) and control variables (c.f. Imbens and Newey, 2009). It covers, in particular, random coe fficient models, as well as models arising as the reduced form of a system of structural equations.


An up-to-date schedule for the workshop is available at http://www.iq.harvard.edu/events/node/1208.


Best,
Konstantin


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Konstantin Kashin
Ph.D. Candidate in Government
Harvard University

Mobile: 978-844-0538
E-mail: kkashin@fas.harvard.edu
Site: http://www.konstantinkashin.com/